I went to the contract to see if it mentioned what you intend to do with the funds. Perhaps you can answer it here for those prepared to invest in a test contract.

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Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

[...]

so this means you will keep (part) of the funds as non-btc (hardware, fiat)? what will you do if the bitcoin price takes a jump?

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

How many GLBSE loans are you going to take out?!

Correct me if I'm wrong; This is the second (third counting your IPO for TyGrrTech) time you've done this? Have the others paid investors back yet?

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

How many GLBSE loans are you going to take out?!

Correct me if I'm wrong; This is the second (third counting your IPO for TyGrrTech) time you've done this? Have the others paid investors back yet?

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

How many GLBSE loans are you going to take out?!

Correct me if I'm wrong; This is the second (third counting your IPO for TyGrrTech) time you've done this? Have the others paid investors back yet?

He's already beyond his interest date on the last loan he took AFAIK and only 25% has been repayed. Is this bond to cover the other? Unlike the last bond there is NO security in this one. Roughly $40,000 has been received now as far as I can tell. Not personally questioning you goat but this is pretty deep water.

This is all unreasonable BS... FUD... You need to work your math again and reread the contracts... No one has complained about me and there is no reason to do so... I await your apology.

Never said due date, "Beyond interest date". Your contract on BIB.Goat states interest will start to accumulate at 2% after 4 months, created in November. It is now March. Not stating that you needed to have it repayed by them, but rather that on 25% has been repayed in that time. That's 5 coins a month and at the repayment rate/exchange rate that's a large chunk.

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

No one has complained about me and there is no reason to do so... I await your apology.

No one ever complained about Shakaru either, shit happens and now unfortunately many are at his throat. Glad to hear you have 2,000 BTC in FirstPirate in case something does happen to recover people losses.

TyGrr-Bank is a BTC bond that will pay weekly dividends every Tuesday 6:00 PM Thailand time.

This is an easy and safe way to lend small amounts of BTC.

The current rate is 3% each week!

Each bond will be sold at .103 BTC and will be bought back at any time at .1 BTC.

This spread is here because you do not need to hold the bond for a full week to get the dividend payment.

Thanks!

I see what you did there. You are getting a portion of the bond a free 0% weekly loan.

You should be buying them back at .103 BTC instead of .100 BTC to give the bond holders "3% each week". You state that it is not necessary for the bondholder to hold the bond for a whole week to get the dividend payment of 0.003 BTC per share. If someone buys the bond at 0.103 BTC and holds it for a week and gets 0.003 BTC, then when they go to sell it at 0.100 BTC you will essentially be getting a 0% weekly loan.

The bond holder would have to hold the bond for 2 weeks to receive the "3% each week" rate.

Week

Purchased Price (BTC)

Repurchase

Culumative

Rate of Return (%)

1

0.103

0.100

0.03

0%

2

0.103

0.100

0.006

2.9%

3

0.103

0.100

0.009

5.83%

4

0.103

0.100

0.012

8.74%

Introducing constraints to the economy only serves to limit what can be economical.

Okay it seems that I did not word this correctly and I am off on my numbers. I should have sold at .`1 and bought back at .097.

I can't sell and buy back at the same price because people would only hold the bond for the few seconds that they needed to get dividends.

But yes you do bring up a few points that I do need to correct. Give me some time and I will deal with this.

Thank you for pointing it out.

Selling at 0.100 BTC and buying back at 0.097 BTC is the same thing as selling at 0.103 BTC and buying back at 0.100. The difference is still 0.003 BTC.

You could not tell people the time you are going to be releasing the dividend payment, but maybe the best option is to change the OP and state that 3% dividend is possible after 2 weeks of holding the bond. After 2 weeks there really is no issue.

Introducing constraints to the economy only serves to limit what can be economical.